Jan 31, 2012, 09:08 ET
NEW YORK and SYDNEY, Jan. 31, 2012 /PRNewswire/ -- CAIS, a New York-based financial technology company providing an independent, alternative investment platform to the global wealth management industry, announced today that it is opening an office in Sydney, Australia to better meet client needs and address the growing demand for alternative investments throughout the Asia Pacific region. Since its launch, the CAIS Alternative Investment Platform has been adopted by dozens of firms internationally.
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Asia Pacific continues to rise as a leading financial center due to both regional wealth creation and the changing industry landscape. With the mission to service all global centers of wealth management, the CAIS office will deepen its support to existing clients in the region while staying current of key wealth management trends.
"The increase in wealth management in the Asia Pacific region has led to greater demand for alternative investments and the CAIS platform," said CAIS Managing Principal and Head of Asia Pacific Jeremy C. Norton. "Our Sydney office will give us on-the-ground presence and clearly demonstrates our growing commitment to our clients and the overall region. We intend to expand the team throughout 2012 and be responsive to the unique opportunities within the region."
Through a secure web-portal, the CAIS end-to-end solution provides access to leading third-party alternative investment products. CAIS provides independent and fully integrated reporting, open architecture custody support and administration, through its partnership with State Street. CAIS additionally provides independent due diligence and oversight through its partnership with Mercer, to deliver an institutional-quality, turnkey alternative investment platform that provides unmatched access, oversight and control.
Mr. Norton, a Sydney native and Co-Founder of CAIS, will lead the new office. CAIS currently serves a number of Australian clients, including Evans & Partners, BBY Limited and one of Australia's largest financial institutions.
The new CAIS office is located at Governor Phillip Tower in Sydney. For more information about CAIS, please contact Dana Taormina at 973-850-7305 or [email protected].
CAIS is a financial technology company providing an alternatives investment platform to the global wealth management industry. The CAIS solution gives financial intermediaries access to a diversified menu of top-tier alternative investments, strategy information, independent due diligence reports and educational opportunities through manager road shows and events. Securities offered through CAIS Capital LLC, member FINRA, SIPC. For more information, please visit www.caisgroup.com.
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